Polyhedra Network (ZKJ) to Release 15.50 Million Tokens on March 19

On March 19, 2025, Polyhedra Network (ZKJ) will be issuing 15.53 million ZKJ tokens, valued at approximately $31.38 million

Polyhedra Network is set to unlock a portion of its native ZKJ tokens on March 19, an event that could bring significant shifts in market liquidity and potentially price volatility.

Here's a breakdown of the key figures:

* Unlock Date: March 19

* Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply

* Current Circulating Supply: 60.3 million ZKJ

* Total supply: 1 Billion ZKJ

* The tokens being issued on March 19 will be valued at approximately $31.38 million.

* The March 19 release will see 8.47 million tokens allocated for ecosystem and network incentives, 2.61 million for community, airdrop, and marketing, 3.61 million for foundation reserves, and 800,000 for token purchasers (pre-TGE round).

This contribution is anticipated to bring more market liquidity, and the added token supply can create price volatility as market participants respond to the new supply. The occurrence is in line with broader crypto trends in which big token releases have the potential to shift investor mood and trading dynamics. Polyhedra Network is looking to establish a more prominent role in the blockchain space with its zkBridge technology for secure cross-chain transactions and interoperability in Web3 applications.